DAOs are one of the most progressive cryptocurrencies in the market as they allow for decentralised decision-making processes, where each member has a say in how the organisation is run. This eliminates the need for intermediaries or centralised authorities, thereby increasing transparency and reducing the risk of corruption. They provide a platform for crowdfunding projects, with contributors being rewarded with tokens or shares in the project. This helps to democratise investment opportunities and allows for more people to participate in funding initiatives. Three DAOs which look promising in the upcoming months are Big Eyes Coin (BIG), LidoDao (LDO) and BitDao (BIT).
Big Eyes Coin’s Huge Presale Giveaway Through Loot Boxes
Big Eyes Coin (BIG) is a community driven token with the goal to improve the global crypto ecosystem, including the decentralised finance (DeFi), NFTs, and the Metaverse. Built on the Ethereum blockchain, it will operate as a decentralised app (dApp). The meme coin is currently in stage 12 of its presale and has raised a whopping $30.61 million already.
With 80% of the total supply of 200 billion tokens available at the launch, Big Eyes Coin plans to include conserving the oceans within its 5% charity wallet. The successful presale is proof that buyers are investing their trust in the coin.
As a part of the celebration of a blockbuster presale, Big Eyes has come up with the Loot Boxes. LOOT BOXES supply the purchaser with a solid chance to win up to 5000% returns. The worst case scenario is – you walk away with your money back in the form of lucrative Big Eyes tokens, that continue to escalate in value. The Loot boxes come in three types: The Cute Box, The Kitty Vault and the Super Saiyan Box. The more you invest, the higher the chances of winning big. There are no losses as you will at least have your amount back.
Big Eyes Coin wants the buyers to take a break from the market volatility. By joining the $BIG presale right now, one can get as much as 22.44% ROI. That is like investing in a Godzilla of Cryptos.
LidoDao’s Liquid Staked Ether (stETH)
LidoDao (LDO) is a decentralised autonomous organisation (DAO) that enables a solution for staking and liquid staking services on the Ethereum network. LidoDao provides a solution for users to stake their Ethereum tokens without having to worry about the technical aspects of running a validator node. It is a decentralised staking pool that aggregates Ether from individual users and stakes it on their behalf, earning rewards in the process.
LidoDao’s solution is designed to provide liquidity to staked Ether. This is achieved through the creation of liquid staked Ether (stETH), which represents a share in the staking pool. stETH is a tradable ERC-20 token that can be exchanged for Ether at any time, enabling users to earn staking rewards while also retaining the ability to trade their stake.
LidoDao employs various security measures to protect users’ funds, including multi-signature wallets, cold storage, and audits by third-party security firms.
LidoDao charges a low fee of 10 basis points (0.10%) on staked Ether, which is competitive compared to other staking services.
LidoDao’s solution is accessible to anyone with an Ethereum wallet. Users can stake their Ether and earn staking rewards without having to worry about the technical aspects of running a validator node.
BitDao’s Sustainable and Decentralised Ecosystem
BitDAO (BIT) is a decentralised autonomous organisation (DAO) that aims to support and invest in the development of blockchain technology and decentralised finance (DeFi) projects. The organisation was founded in 2021 and is built on the Ethereum blockchain.
BitDAO is governed by its community of token holders, who can propose and vote on proposals related to the organisation’s operations and investments. Its primary focus is on investing in promising DeFi projects and supporting the development of blockchain technology through research and development initiatives.
One of BitDAO’s main goals is to create a sustainable and decentralised ecosystem for DeFi projects. To achieve this, it has established a funding mechanism that allows it to support projects that align with its vision and values.
BitDao has its native token called $BIT, which is used for governance and transaction processing on the network. Holders of $BIT tokens can participate in the governance of the DAO and earn rewards for staking their tokens.
Big Eyes Coin (BIG)